About Sudhakar Irrigation Systems Private Limited
Data last updated:
Sudhakar Irrigation Systems Private Limited was a private limited company based in Nalgonda, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the pipe and tubes segment of the manufacturing sector. It was incorporated on 20 November 1997.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01401TG1997PTC028394.
The company had an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It was led by directors including Jayadev Meela (Managing Director) and Meela Vasudev (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Sy.No.115 118 119 129 &130 Balaram Thanda Suryapet Nalgonda District – 508214., Telangana, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹405.2 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹17.88 Cr (net margin 4.4%) and EBITDA of ₹43.34 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 19% over five years.
The company had about 580 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹14.77 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹4.13 Cr; the latest was in July 2017. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 7 micro and small suppliers.
The last known website on record is sudhakarpipes.com.
Company details
CIN history
Sudhakar Irrigation Systems has one previous CIN (Corporate Identification Number): U01401AP1997PTC028394. The current CIN is U01401TG1997PTC028394, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01401TG1997PTC028394 | Current |
| U01401AP1997PTC028394 | Previous |
Contact details
Sudhakar Irrigation Systems Private Limited's registered office is in Nalgonda, Telangana. Its website is sudhakarpipes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy.No.115 118 119 129 &130 Balaram Thanda Suryapet Nalgonda District – 508214., Telangana, India
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Sudhakar Irrigation Systems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Sudhakar Irrigation Systems is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Sudhakar Irrigation Systems Private Limited, buy the company report.
Financials of Sudhakar Irrigation Systems Private Limited
FY 2022 filings availableSudhakar Irrigation Systems Private Limited reported revenue of ₹405.2 Cr (up 41% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 41% growth in the latest year. EBITDA fell 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹405.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.88 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sudhakar Irrigation Systems Private Limited, buy the company report.
Board of directors of Sudhakar Irrigation Systems Private Limited
Sudhakar Irrigation Systems has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ananthula Dayakar Also directs: Sudhakar PVC Products Private Limited | Director | 01 Jun 2001 | 25 Years 4 Months | As last reported |
| Prabhakar Ananthula | Director | 01 Jun 2001 | 25 Years 4 Months | As last reported |
| Ravi Shankar Meela Also directs: Sudhakar PVC Products Private Limited | Director | 01 Jun 2001 | 25 Years 4 Months | As last reported |
| Jayadev Meela | Managing Director | 01 Jun 2001 | 25 Years 4 Months | As last reported |
| Krupakar Ananthula Also directs: Sudhakar PVC Products Private Limited | Director | 31 Dec 2004 | 21 Years 9 Months | As last reported |
| Meela Vasudev Also directs: Sudhakar PVC Products Private Limited | Whole-Time Director | 01 Jun 2001 | 25 Years 4 Months | As last reported |
Auditor
Sudhakar Irrigation Systems Private Limited is audited by M.Anandam & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.Anandam & Co | FY 2022 | 000125S |
Shareholding
The shareholding of Sudhakar Irrigation Systems Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sudhakar Irrigation Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2020 | 100439508 | Others | ₹1.6 Cr | Satisfied | |
| 04 Jul 2018 | 100188725 | Hdfc Bank Limited | ₹1.47 Cr | Satisfied | |
| 11 May 2012 | 10362747 | Karur Vysya Bank Limited | ₹7 Lakh | Satisfied | |
| 28 Dec 2011 | 10331829 | Andhra Bank Limited | ₹88 Lakh | Satisfied | |
| 20 Jul 2007 | 10061478 | Andhra Pradesh State Finacial Corporation | ₹2 Cr | Satisfied |
To see the full charge records of Sudhakar Irrigation Systems Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Sudhakar Irrigation Systems Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹4.13 Cr; the latest was in July 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Rights issue | ₹7.87 Cr | Investors: 4 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2006 | Funding round | ₹4.13 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sudhakar Irrigation Systems Private Limited has 7 court cases on record: 3 filed by Sudhakar Irrigation Systems, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Hanumakonda, Telangana | Court case (MVOP) | Filed against the company | Disposed |
| District court, Khammam, Telangana | Court case (MVOP) | Filed against the company by an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against The Cluster Head Larsen and Toubro Ltd | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Andhra Pradesh Electricity Regulatory Commission, and 2 others | Disposed |
To see the full case history of Sudhakar Irrigation Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sudhakar Irrigation Systems Private Limited was last rated by Crisil on 23 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Jul 2020 |
To see the full credit ratings and regulatory alerts of Sudhakar Irrigation Systems Private Limited, buy the company report.
MSME payment delays
Sudhakar Irrigation Systems Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sr Poly Packs | |||
| Deepak Poly-Plast Private Limited | |||
| Control Print Limited | |||
| an individual supplier |
To see the full MSME payment records of Sudhakar Irrigation Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sudhakar Irrigation Systems Private Limited has a workforce of 580 employees on its EPFO records as of Apr 10, 2024, across 2 active EPFO establishments.
GST
No GST registration is on our record for Sudhakar Irrigation Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sudhakar Irrigation Systems Private Limited has 6 board changes on record since 2001: 6 appointments. The latest: Krupakar Ananthula was appointed as Director on 31 Dec 2004.
13 earlier events are in the company report.
Frequently asked questions
Sudhakar Irrigation Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sudhakar Irrigation Systems was a private limited company based in Nalgonda, Telangana, India. The company worked in pipe and tubes, within the manufacturing industry. It was incorporated on 20 November 1997 and is registered under CIN U01401TG1997PTC028394. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sudhakar Irrigation Systems was incorporated on 20 November 1997. It is registered with the Registrar of Companies, Hyderabad.
Sudhakar Irrigation Systems had 6 directors:
- Jayadev Meela - Managing Director
- Meela Vasudev - Whole-Time Director
- Ananthula Dayakar - Director
- Prabhakar Ananthula - Director
- Ravi Shankar Meela - Director
- Krupakar Ananthula - Director
The CIN (Corporate Identification Number) of Sudhakar Irrigation Systems is U01401TG1997PTC028394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sudhakar Irrigation Systems is at Sy.No.115 118 119 129 &130 Balaram Thanda Suryapet Nalgonda District – 508214., Telangana, India.
Sudhakar Irrigation Systems can be reached through the website sudhakarpipes.com. Its registered office is in Nalgonda, Telangana, India.
The latest financial statements of Sudhakar Irrigation Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Sudhakar Irrigation Systems operated in the manufacturing industry, in the pipe and tubes segment.
Sudhakar Irrigation Systems has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹4.13 Cr; the latest was in July 2017.
Sudhakar Irrigation Systems has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 7 micro and small suppliers. The latest return was filed on 26 Sep 2020.